Book
Transnational Corporations and the Global Economy

This book brings together papers written by representatives from UN agencies and academics who take a fresh look at the expanding role of transnational corporations and foreign direct investment in the world economy. These papers deal with such issues as the nature and extent of globalisation, the shifting relations between transnational corporations and national economies, and the opportunities and obstacles facing policy makers in the rapidly changing global economy.

Table of contents
  1. 1. Introduction: TNCs and the Global Economy
    Richard Kozul-Wright and Robert Rowthorn
  2. Part I: Globalisation in Perspective
    2. Globalisation Myths: Some Historical Reflections on Integration, Industrialisation and Growth in the World Economy
    Richard Kozul-Wright and Paul Bairoch
  3. Part I: Globalisation in Perspective
    3. The Limits of Globalisation
    William Milberg
  4. Part I: Globalisation in Perspective
    4. Multinational Corporations: An Historical Analysis
    Mira Wilkins
  5. Part I: Globalisation in Perspective
    5. Transnational Service Corporations in the Process of Globalisation
    Pascal Petit
  6. Part I: Globalisation in Perspective
    6. Direct Foreign Investment, Transnational Corporations and Growth: Some Empirical Evidence and a North-South Model
    Amitava Krishna Dutt
  7. Part II: Transnational Corporations, the State and Economic Development
    7. TNCs and Third World States: From the Old Internationalisation to the New
    Peter Evans
  8. Part II: Transnational Corporations, the State and Economic Development
    8. TNCs and Industrial Strategy
    Ha-Joon Chang
  9. Part II: Transnational Corporations, the State and Economic Development
    9. TNCs and the Nation State
    Mića Panić
  10. Part III: Lessons from Recent Experience
    10. New Trends in Japanese Trade and FDI: Post-Industrial Transformation and Policy Challenges
    Yilmaz Akyüz
  11. Part III: Lessons from Recent Experience
    11. Internationalization of Industrial Firms: Implications for Domestic Growth and Industrial Structure in Small Open Economies
    Pontus Braunerhjelm and Pekka Ylä-Anttila
  12. Part III: Lessons from Recent Experience
    12. Transnational Corporations in Central and Eastern Europe and in the Former Soviet Union: A Return or a New Beginning?
    Mihaly Simai
  13. Part III: Lessons from Recent Experience
    13. International Trade, Outsourcing and Labour: A View from the Developing Countries
    Edward J. Amadeo
  14. Part III: Lessons from Recent Experience
    14. TNCs and Industrial Restructuring: The Case of the Mexican Automobile Industry
    Michael Mortimore
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Endorsements

'This is a timely volume, the contents of which offer a welcome and thought provoking perspective on the interaction between the globalising economy and transnational (or multinational) corporations...well researched and incisively written. I enjoyed, and benefited from, the book immensely...This is a volume which covers a lot of ground and deserves to be widely read. It pinpoints a whole set of important issues which are likely to confront politicians, academic scholars and business leaders over the next half century or more.' - John H. Dunning, The Journal of Development Studies